0806 4HPLAN waitng for potential 1h channel to open sell
Hello traders,
1903-1909 is the resistance zone that we are watching for.
On 1h chart, gold has made a ABC wave already. Now what is not for sure is the end of C. The end of C could be 1903 ,and price start to move down from now. Or it could make a flat channel up till hit 1909 and turn down with order stream in EURO and NY overlap session.
So today 1h chart swing trading plan is waiting for a confirming signal to open sell for a correction(so far would take it as correction which could be a reversal if price could dig down more than expectation).
Good luck !!!
LESS IS MORE!
1903-1909 is the resistance zone that we are watching for.
On 1h chart, gold has made a ABC wave already. Now what is not for sure is the end of C. The end of C could be 1903 ,and price start to move down from now. Or it could make a flat channel up till hit 1909 and turn down with order stream in EURO and NY overlap session.
So today 1h chart swing trading plan is waiting for a confirming signal to open sell for a correction(so far would take it as correction which could be a reversal if price could dig down more than expectation).
Good luck !!!
LESS IS MORE!
专注黄金和原油
直接扫码入群：
www.red-ring.cn/group/22462
Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
直接扫码入群：
www.red-ring.cn/group/22462
Focusing on COMMODITY GOLD N OIL
//
Wechat微信:ziyuvera
Tele: t.me/VeraFuntrader
